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flag Australia is falling behind its 2029 housing target, with too few homes built despite efforts to streamline approvals and expand density.

flag Australia is falling short of its 1.2 million homes target by 2029, with building consents at 15,832 in October—well below the 20,000 monthly needed. flag Experts say relaxing restrictions on duplexes and low-rise apartments in middle-ring suburbs could add nearly a million homes if one in four standalone properties were converted. flag A federal “strike team” has cleared 14,000 stalled projects, but bureaucracy persists. flag CEDA cites Auckland’s success after eliminating single-family zoning, which boosted consents by 50% and lowered prices. flag Despite some state-level reforms, Australia remains among the world’s least dense countries, and expanding gentle density housing is seen as key to improving affordability and reducing commutes. flag Meanwhile, home values rose, with Brisbane’s median price exceeding $1 million.

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